Global Metals Outlook: Raw material increases are pushing steel prices up in Europe and Asia



Mark Wiggett, editor for Platts Global Market Outlook, discusses the weak demand and lack of restocking that beset steel markets in Q2; how prices for raw materials and hot rolled coil have rebounded in the US going into Q3, with Europe and Asia beginning to follow in late June and early July; and how positive Chinese GDP news has encouraged regional prices to begin to rise, together with higher iron ore and scrap prices.


Post time: Jun-21-2017
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